RRHC is considering a combination of demolition/disposition, acquisition, rehabilitation and new construction using bonds, tax-credits and other financings, and may decide to invest RRHC funds. The selected developer will assist RRHC in evaluation and analyzing existing LIPH stock for consideration for restructuring and RAD conversion. The selected Real Estate Development Partner/Consultant will be required to propose development/redevelopment strategies for RRHC controlled properties. In the case of a 9% tax credit application, the selected Developer will be responsible for creating comprehensive development strategies to address the integration of LIHTC and other programs into the broader community. The strategies shall provide supporting documentation and information in sufficient detail to justify redevelopment or new development and the integration of the same into the broader public housing community. We are seeking a Developer who can provide the financial resources to assist with all development costs leading up to, and after financial closing. The Development Partner will assist RRHC through this process and advise RRHC staff on financing strategies, demo/dispo rules and regulations, and the application process through the Special Applications Center (SAC) office. It is important to RRHC that the LIHTC deals with result in communities of mixed income to include market, affordable and low-income properties. To create the desired results will require comprehensive planning and leveraging resources and coordination of planning efforts for the selected sites. The successful firm(s) must posses or have available consulting and or technical expertise in HUD Programs, HUD Regulations and related areas. The firm(s) must have extensive knowledge of the Low-Income Housing Tax Credit (LIHTC) program. The firm(s) should excel in preparing LIHTC applications and providing technical guidance to housing authorities regarding PBV/PBRA and other development/repositioning initiatives. RFQConsultant-DevelopmentPartner04222021.pdf (riverrougehousing.com)

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